What Are Some Ecommerce Companies Being Acquired?
If you’re looking for a good acquisition, you may be wondering what are some of the companies in the eCommerce sector being acquired. Here are some examples: 123inkt, a Dutch e-tailer of print cartridges; Vinted, which wants to buy Rebelle; Beaumanoir Group; and Sarenza.
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Vinted wants to acquire competitor Rebelle e-commerce
The online marketplace Vinted wants to acquire its rival Rebelle, which is based in Lithuania. The move will help Vinted expand its business in the secondhand fashion market. Vinted has recently raised hundreds of millions of euros.
Monoprix, the French supermarket group, has entered into exclusive talks to acquire the online shoe retailer Sarenza. With almost 40,000 products and 650 brands, Sarenza is one of France’s leading e-commerce brands. It generates a turnover of more than 250 million euros annually. The deal will allow Monoprix to broaden its online product offering and establish itself as an omnichannel player.
One of the biggest names in the French fashion industry is expanding its ecommerce reach by acquiring Sarenza, a French eCommerce company. This acquisition will help Beaumanoir expand its brand range across France and beyond, and will strengthen its existing omnichannel capabilities. Sarenza was founded in 2005 and now boasts more than 600 brands, operating in 25 countries. The company has nearly 2,500 points of sale around the world.
Amazon has been one of the most successful eCommerce companies of all time, and its success is being emulated by competitors. But the company isn’t content with being the biggest. To remain competitive, it is buying other e-commerce companies to improve its offerings. In February 2018, Amazon purchased the home security company Ring. The acquisition gave Alexa a new platform to grow on. Amazon also acquired Twitch, a video-streaming service, after it pulled out due to antitrust concerns. The acquisition gave Amazon a chance to compete with Netflix and YouTube. Amazon has also acquired autonomous ride-hailing company Zoox, to improve its logistics services for package delivery.
The founders of Pattern Brands, a leading eCommerce platform, have a proven track record. They have built a strong culture, developing innovative technologies, and delivered healthy profitability. The company has a solid financial foundation and has attracted the attention of investors and VCs. With this latest round of funding, they plan to further scale their platform and continue to serve the largest consumer brands. The company expects to reach $1 billion in annual revenue.
WeCommerce Holdings has announced the acquisition of Archetype Themes, a Toronto-based company that builds online store templates. The acquisition represents the first acquisition for WeCommerce and a step in its continued growth.